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The Box Manufacturing Division of the Allied Paper Company reported Management calculated a weighted - average cost of capital (WACC) Sales Operating income Total assets

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The Box Manufacturing Division of the Allied Paper Company reported Management calculated a weighted - average cost of capital (WACC) Sales Operating income Total assets Current liabilities $800,000 280,000 1,500,000 300,000 What is the division's Residual Income (RI)? OA. $235,000 $224,000 OB. O c. $175,000 O D. $98,000 eported the following results from the past year. Shareholders require a return of 7%. VACC) of 3%. Allied's corporate tax rate is 35%

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